The dispersion of American adults out of the middle is accompanied by rising inequality. Trends in household income show rising prosperity overall from 1970 to 2014, but median income increased the most for upper-income households and by less for middle-income and lower-income households.[40. numoffset=”40″ In this report, “income” refers to pre-tax household income as reported […]
Income inequality will be a key topic of discussion for economic leaders meeting in Davos. Pew Research Center surveys also have shown that income inequality is a global cause for concern.
The urgency expressed by Pope Francis on global poverty and inequality is grounded in harsh reality. 4.4 billion people – 71% of the global population of 6.2 billion – lived on $10 or less per day in 2011, according to a Pew Research Center analysis of the most recently available data.
The shrinkage of the middle-income tier among American adults, and the growth of the upper- and lower-income tiers, has played out differently among demographic groups. This section identifies upwardly and downwardly mobile groups (winners and losers) by comparing changes in their income status over two time periods. From 1971 to 2015, adults overall experienced more […]
Trends in public opinion are in line with Obama’s agenda: The priority given to deficit reduction has slipped somewhat, while public support for rebuilding the nation’s infrastructure has increased.
Most people in China say they are better off financially than they were five years ago. At the same time, they’re worried about corrupt officials, air and water pollution, crime and economic inequality.
China and India both succeeded in slashing poverty from 2001 to 2011. But while that contributed to a rapidly growing middle class in China, it did little to increase the number of Indians who could be considered middle income.
Growing economic inequality, increasing joblessness, global pollution and severe weather events are among the world’s most pressing threats experts say.